Medinet Nasr Housing and Development for Independent money related outcomes for the principal quarter of 2015 , where incomes were 169.7 million pounds , a yearly development rate of 176% , achieving a gross net revenue of 65.3% amid the main quarter of 2016 , combined with the entry of net overall revenue to 39.1% amid a similar period.

Against this scenery , net benefit rose to $ 66.4 million pounds amid the principal quarter of 2016 , a development rate practically multiplied contrasted and 33.7 million pounds amid a similar time of the earlier year.

This is expected the astounding development the organization's incomes amid the main quarter of 2016 to proceed with the handover draft "Taj Sultan" and "Primera" , taking note of that the organization is focusing on conveyance of 450 units amid 2016.

As far as money related outcomes gathered , united incomes added up to 237.7 million pounds amid the main quarter of 2016 , a yearly increment of 103% , while net benefit added up to 68.6 million pounds , a yearly 90% expansion contrasted with a similar time of the earlier year. The united monetary explanations mirror the aftereffects of my organization claimed contracting organization Medinet Nasr lodging and Development.

Then again it added up to booking units the organization's ventures 211.5 million pounds amid the main quarter of 2016 , a yearly increment of 143% contrasted and 87.2 million pounds amid the principal quarter of 2015.

In this specific circumstance , he communicated Ahmed Haytami Managing Director of Medinet Nasr Housing and Development , satisfied with the execution of the organization amid the primary quarter of 2016 , and which is reflected in the noteworthy development of income and net benefit because of solid working edges.

Haytami He said the organization is hoping to proceed with this execution in the coming time frame in light of yearning development , which sought after since 2015 technique , which is the most conspicuous elements in the determination of a joint improvement concurrence with Palm Hills Development Company , which will create to accomplish the physical favorable position of the land claimed by it and accessible for advancement inside the venture "Saray" , notwithstanding the general blueprint of the venture "crown City" in new Cairo altered to incorporate the re-utilize and conveyance administrations arranged inside the venture , to be finished inside this year.

It is booked to create expansive blueprint of the venture "Crown City" for expanding the green territories in private and regulatory ranges in quest for the idea of the venture by joining the benefits of life in the downtown area enchanting nature and improvement of components consistently and coordinated to the most astounding arranging and design detail change.

It ought to be noticed that the organization open for booking in the principal period of the "Crown City" amid last December , offering whole units contrasted and more than 310 million pounds before the finish of the main quarter of 2016 , the venture , taking note of that the organization has propelled the second period of the venture amid May 2016.

The "Crown City" venture of a multi-reason land ventures , as it is situated on a range of 3.5 million square meters with a speculation cost of 25 billion pounds , nearly , and the venture will have a tremendous assortment of private buildings and authoritative workplaces , and in addition focuses and facilities , medicinal services , lodgings , eateries , strip malls and business spaces bundle.

The organization is presently taking a shot at the advancement of "Capital Gardens" extend in conjunction with Palm Hills Development Company , where the venture is a full-benefit private complex covers a territory of 434 thousand square meters and is situated inside the venture "Saray" claimed by Medinet Nasr Housing and Development on 5.5 million square meters in Cairo new and near the new authoritative capital venture.

It is booked to build up a "Capital Gardens" extend in four phases , to be conveyed before the finish of the main stage in 2019 , the organization hopes to begin recording venture incomes amid the second quarter of 2016.

Then again Medinet Nasr Housing and Development arrangements to dispatch the primary period of the venture "Saray" amid the second 50% of 2016 , taking note of that the organization expects to secure a long haul advance worth one billion pounds keeping in mind the end goal to quicken the usage of foundation chips away at the venture by and large.

It is imperative that Medinet Nasr Housing and Development is creating five noteworthy undertakings , the Greater Cairo Area , where these ventures with more than seven thousand lodging units assortment between the different phases of development and outline

Arranges Company Nasr City to get billion pounds to fund the venture «Saray» , with a specific end goal to quicken the pace of usage of foundation chips away at the venture when all is said in done , where the organization is focusing on execution of the primary period of the venture amid the second 50% of 2016 , and arrangements to contribute 700 million pounds.

The organization arrangements to offer in the vicinity of 600 and 700 units for the primary pha